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From Deadbeat to Despot

Argentina harasses a U.S. company for closing up shop in Buenos Aires.

Updated Sept. 3, 2014 2:04 p.m. ET

We told you last week that L.A.'s city council has picked a fight with Wall Street that could put the City of Angels on the fiscal road to Argentina. Now comes the tale of how Argentina, which picked its own fight with Wall Street and defaulted this summer for the second time in 13 years, may be going the political way of Venezuela.

R.R. Donnelley & Sons is a 150-year-old printing company based in Chicago, which for 22 years operated a subsidiary in Argentina that employed about 400 workers. It shut its doors in mid-August...